Applovin Corp Working Capital to Net Assets Ratio
Applovin Corp working capital to net assets ratio. Applovin Corp (APP) has a Working Capital to Net Assets ratio of 130.8% as of June 2026. Working capital of $4.14 Billion (current assets of $5.39 Billion minus current liabilities of $1.25 Billion) is measured against net assets of $3.16 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Applovin Corp to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Applovin Corp (2018–2025)
Working capital to net assets ratio of Applovin Corp from 2018 to 2025. This chart shows how Applovin Corp's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of June 2026, the ratio stands at 130.8%, reflecting working capital of $4.14 Billion against net assets of $3.16 Billion USD. See APP days of operational coverage to measure how many days the company can operate on defensive assets alone.
Applovin Corp Working Capital to Net Assets Ratio by Year (2018–2025)
Applovin Corp working capital to net assets ratio by year from 2018 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Applovin Corp from 2018 to 2025, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see APP asset base.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 145.1% | $3.10 Billion | $2.13 Billion | $4.43 Billion | $1.33 Billion | ▲ +30.0 pp |
| 2024 | 115.1% | $1.25 Billion | $1.09 Billion | $2.31 Billion | $1.06 Billion | ▲ +61.6 pp |
| 2023 | 53.5% | $672.04 Million | $1.26 Billion | $1.62 Billion | $944.12 Million | ▼ -18.0 pp |
| 2022 | 71.5% | $1.36 Billion | $1.90 Billion | $1.94 Billion | $578.96 Million | ▼ -49.9 pp |
| 2021 | 121.4% | $2.59 Billion | $2.14 Billion | $3.24 Billion | $640.10 Million | ▲ +162.4 pp |
| 2020 | -41.0% | $64.94 Million | $-158.24 Million | $662.99 Million | $598.05 Million | ▲ +94.3 pp |
| 2019 | -135.4% | $347.35 Million | $-256.57 Million | $586.22 Million | $238.88 Million | ▼ -57.8 pp |
| 2018 | -77.6% | $293.66 Million | $-378.36 Million | $407.55 Million | $113.88 Million | — |